Illinois Lexus Car Dealers

I'm assuming by your post that this is a AWD with the following: NAV Luxury Preferred accessory package Spoiler. What was the price the lease was calculated on and can you share the money factor and location (area) of purchase? Sounds like a great deal.

I continue to see references to a money factor of .00175 and .00185 for Tier 1. Are these based on location? I am getting a rate of .0021 in the central region with Tier 1. Thanks

I have a 2008 IS 250 AWD loaded (Nav and luxury options) which will have a lease termination in a few months. Typically I lease a new model year, but have considered a buyout this time. The car only has 25,000 miles on a 3 year 36,000 mile lease. Does Lexus provide lease options on a buyout and any idea of what a new residual would be on a new lease? Anyone have experience in going this route? Thanks.

I am interested in anyone's experience in the Des Moines or Central Area in general with pricing information experience on both the 250 and 350. Looking for a fairly loaded package including NAV, but without Levinson sound and 18 inch wheels. Also looking for thoughts on 250 vs 350. Thanks

I grew up in chicago, and i'm pretty certain you won't be happy if you get a FWD. Way too much snow and rain (and when it comes it comes in bulk...) FWD better than AWD, but if you plan on using it as an everyday driver, you will thank yourself for getting an AWD. I'm not sure if this has changed, but something I thought i would point out. IL is usually a very bad state to lease a car in. It's because they charge the the Sales tax on the entire vehicle purchase despite only having the car for 3 or 4 years. (I believe IL and TX and a few other states do this.) Also, if you do end up purchasing the car you will actually have to pay sales tax again. Other states charge you sales tax on your down payment and each payment only.... (use tax) This can be a source of significant savings between a lease and buy option for vehicles with higher residuals in higher tax states. I also want to say in IL, If you trade in a car you buy, i think you get a tax credit towards your new vehicle. But I don't believe you can do that with a leased car... I'm a bit fuzzy on this, so should look into it. I know this sounds academic, as your choice is still purchase or lease, but one thing i like about the lease option is if I don't use the mile allotted on my lease (i.e. i have a 45k mile lease, but only drive 20k due to changes in my life, you can usually buyout and sell the car recovering some of you lease payments....) Due to the tax setup in IL, I don't know if this is possible w/o incurring the double tax. hope that helps. and car_man is definitely the local authority on MF and residuals.